[🇮🇳] Indian Economy watch- All new developments.

[Krishna with Flute]

Wiki says,

"Since 2011, the Government of Gujarat has been making plans to develop a smart city at Bhal area.

The economic viability of the project has been questioned by farmer organizations. Several investors who initially signed the Memorandum of Understanding to develop the project, have withdrawn and refused to invest.

Dholera - Wikipedia

Yes but it is the biggest city of the world. It doesn't come overnight. Lots of work is done there. It is going to be a great grass root city. 6 lane roads, metro rails etc is built. Airbus and many other company's plats are coming there. a 25000 MW solar plant is also coming there. It is being built slowly and surely. I have 250 Sq Yard plot there.

 

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India's GDP Doubled In Last 10 Years: Will It Beat Germany & Become World’s 3rd Largest Economy by 2027? Check IMF Report​

India's gdp doubled in last 10 years: will it beat Germany & become world’s 3rd largest economy by 2027? check IMF report

New Delhi: India's economy doubled in the past decade and now stands at $4.3 trillion in 2025, International Monetary Fund (IMF) data said. In the last 10 years, the GDP has grown at a spectacular 105% growth rate.

As per the IMF, India currently stands as the fifth largest economy after US, China, Germany, and Japan. The report further highlighted that India is expected to beat Japan's economy by the third quarter of FY25 and could be just behind the US and China by 2027.


India’s economic growth over the past decade has surpassed several major global economies, with its GDP expanding by 105%. In comparison, the US and China grew by 66% and 44%, respectively, while developed nations like Germany, France, and the UK recorded significantly lower growth rates.

With Japan’s GDP stagnant at $4.4 trillion, India is set to surpass it within the next year. Germany, with a GDP of $4.9 trillion, is expected to be overtaken by 2027, making India the world’s third-largest economy.

India’s economic milestones highlight its rapid ascent:

• It took 60 years to reach its first $1 trillion GDP in 2007.
• By 2014, GDP had doubled to $2 trillion.
• Despite the COVID-19 impact, India crossed $3 trillion in 2021.
• The leap from $3 trillion to $4 trillion happened in just four years.
• At its current pace, India could add $1 trillion to its economy every 1.5 years, potentially reaching $10 trillion by 2032.

Globally, the US leads with a GDP of $30.3 trillion, followed by China at $19.5 trillion. If India’s rapid expansion continues, it could significantly close the gap with these economic superpowers in the next decade.


Related video: India To Remain Fastest Economy| N18V | CNBC TV18 (CNBCTV18)

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[Bilal9]

This is the heat (or "green") map for GDP growth.

Plenty of countries growing very fast in poorer areas in South America and Africa. Just like India.

When you have hit bottom, there is nowhere to go but up. Only natural.

 

[Krishna with Flute]

This is the heat (or "green") map for GDP growth.

Plenty of countries growing very fast in poorer areas in South America and Africa. Just like India.

When you have hit bottom, there is nowhere to go but up. Only natural.

View attachment 15917

Out of all high growing economies, we are fastest growing major economy in the world. Isn't it? This can not be undermined by posting maps and interpreting it wrongly. Not only we are growing faster but we have all the building blocks to sustain it for a long period of time. We have done some amazing things like ensuring free medical treatment to 600 million people and food to 800 million people, free houses to 40 million families. Which other country in world can do that? We have preserved our culture, we have a very young population, we have spiritualism, we have so many things to fascinate people. Many people say that if they come to India once, they will have to come there again and again. We are regaining our glory. We are overcoming our short comings and marching in right direction at a rapid pace. I think we are doing very well.

 

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India To Remain Fastest Growing G-20 Economy, Less Vulnerable To US Tariffs: Moody’s​

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MCO▲ ‎+0.66%‎

India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
New Delhi: India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.

The report highlights that India has a low external vulnerability indicator due to its relatively modest external debt to GDP ratio of 19 per cent and low export dependence on the US market at 2 per cent of GDP.


In its report on emerging markets, Moody's stated that India's GDP growth, projected at 6.5 per cent for 2025-26, will remain the highest of the advanced and emerging G-20 countries on the back of tax cuts and continued monetary policy easing by the Reserve Bank as inflation has come down.

The report projects India’s inflation to average 4.5 per cent in the current financial year, down from 4.9 per cent in the previous fiscal year. This is expected to pave the way for a soft money policy, with lower interest rates and more liquidity in the economy, to spur economic growth.

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"Large, diversified and domestically driven emerging market economies such as India and Brazil are more equipped than smaller peers to continue attracting capital and withstand any cross-border outflows. These two economies also have deep domestic capital markets and low external vulnerability indicators," Moody's said.


Related video: 10 Yrs, $3.9 Trillion Economy & More: Ashwini Vaishnaw On India's Unstoppable Growth (BT TV)
changes happening everywhere here we are a stable country, people

10 Yrs, $3.9 Trillion Economy & More: Ashwini Vaishnaw On India's

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By contrast, smaller and more open economies are more exposed to fluctuations in investor sentiment and currency volatility, as are economies with a large share of debt denominated in foreign currency, such as Argentina and Colombia, Moody's explained.

The report also states that emerging market growth will slow in the aggregate in 2025-26 but remain solid, with wide variations among countries. Growth will remain highest in Asia-Pacific, but the region's integration in global trade means it is most exposed to US tariffs and their potential to slow down growth, the report added.

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Modi spoke about GDP in PPP': Mohandas Pai fact-checks Kerala Congress with $17.5 trillion GDP figure​

Story by Business Today Desk
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2 min read

'Modi spoke about GDP in PPP': Mohandas Pai fact-checks Kerala Congress with $17.5 trillion GDP figure
Mohandas Pai, Chairman at Aarin Capital, on Wednesday took a sharp swipe at the Kerala Congress for mocking Prime Minister Narendra Modi's 2015 remark on India being an $8 trillion economy.

Responding to the party's dig on social media, Pai wrote, “Idiotic comment again showing empty heads. Modi spoke about GDP in PPP which is the correct measure. It was ~8 Tr$ then and today ~17.5Tr $. Nominal is at current prices. Nominal we are ~4Tr$ today. The Masters of fake narratives showing off how fake they are. Keep going.”

Pai's post came after Kerala Congress had tweeted: “Modi told Mark Zuckerberg in 2015, that India is a 8 Trillion Dollar Economy, and he wanted to take it to 20 trillion. A wise man once said ‘Modi’s knowledge of economics can be written on the back of a postage stamp’. If you still think that this person can lead India to progress, you should get your brain checked, provided there is one.”



The former Infosys CFO defended Modi's statement by pointing out the difference between nominal GDP and purchasing power parity (PPP) — a method often used to measure economies based on relative cost of living and inflation. In PPP terms, India’s GDP stood at around $8 trillion in 2015 and has now nearly doubled to approximately $17.5 trillion, according to recent estimates.

The latest data from the International Monetary Fund supports India's upward trajectory. The country's GDP is projected to reach $4.3 trillion by the end of 2025 in nominal terms, putting it on track to surpass Japan and become the world’s fourth-largest economy by the third quarter of FY25.

India’s growth has outpaced other major economies over the past decade. While India’s economy has grown by 105%, China has expanded by 76%, the US by 66%, Germany by 44%, France by 38%, and the UK by 28%. Commerce Minister Piyush Goyal recently hailed this as “outstanding,” noting that India has outperformed all G7, G20, and BRICS nations.


India reached its first $1 trillion in GDP in 2007, $2 trillion by 2014, and $3 trillion in 2021. The current pace suggests the country may add $1 trillion every 1.5 years, potentially becoming a $10 trillion economy by 2032. While India’s nominal GDP stands at about $4 trillion, the PPP-adjusted figure places it much higher on the global scale.
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The article states that India's economy in PPP has rose to 17.5 BN USD in terms of PPP.

 

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Why Economist Who Predicted The 2008 Crisis Is SUPER Bullish On India Jim Walker Interview​

New Delhi, March 29 -- Why Economist Who Predicted The 2008 Crisis Is SUPER Bullish On India Jim Walker Interview See less
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[Krishna with Flute]

In PPP terms, India’s GDP stood at around $8 trillion in 2015 and has now nearly doubled to approximately $17.5 trillion, according to recent estimates.

This is why India is more prosperous than it seems. India's GDP in market terms may be 4 Tr USD but in PPP it is more than 4 times higher. There was an article few years back which cited WB saying that India's poverty shall reduced to 1/4th because India's PPP was scheduled to revise at that time about a decade back. This real to PP ratio of 4 times can be actually more may be in the range of 6 to 7 which puts India's GDP close to US in PPP terms.